Alliance for Retired Americans Educational Fund

Analysis

Alliance for Retired Americans Educational Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alliance for Retired Americans Educational Fund reported income of $165k and spending of $196k, spending 119% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $39k to $165k (+326%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 3915%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alliance for Retired Americans Educational Fund sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 27th percentile within DC. Charities of a similar size with the same main cause include Cane Bay High School Choral Booster Club ($165k), Estes Park Learning Place Inc ($165k) and Heritage Ed ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.1% of the total. At year end it held assets of $73k against liabilities of $28k, net assets of $46k.